MGM101H5 Chapter Notes - Chapter 8: Organizational Culture, Knowledge Network
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MGM101H5 Full Course Notes
Verified Note
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Document Summary
Organization architecture the totality of a firm"s organization, including formal organization structure, control systems, incentive systems, organizational culture, and people. Organization structure: the location of decision- making responsibilities in the firm, the formal division of the organization into subunits, and the establishment of integrating mechanisms to coordinate the activities of subunits. Controls: metrics used to measure the performance of subunits and to judge how well managers are running those subunits. Incentives: devices used to encourage desired employee behaviour. Organizational culture: values and assumptions that are shared among the employees of an organization. People: the employees of an organization; the strategy used to recruit, compensate, motivate, and retain those individuals; and the type of people they are in terms of their skills, values, and orientation. Vertical differentiation: the location of decision- making responsibilities within a structure. Horizontal differentiation: the formal division of the organization into subunits. Centralization: the concentration of decision-making authority at a high level in a management hierarchy.
